Key Market Indicators
**Thai Fish Production to Climb by 2028** Thailand's fish production is projected to reach approximately 1.1 million metric tons by 2028, up from around 1 million metric tons in 2023. This represents an average annual growth rate of 1%. Historical data since 1965 shows that Thai fish supply has been increasing at an average rate of 2.2% per year. **Rising Fish Consumption in Thailand** Fish consumption in Thailand is expected to rise significantly, reaching about 1 million metric tons by 2028 from 884,000 metric tons in 2023. This indicates an average yearly growth rate of 2.2%. Since 2019, the country's fish demand has surged by 3.1% annually. In 2023, Thailand ranked fourth in global fish consumption. The Philippines narrowly led with 884,000 metric tons, while Japan and the Philippines secured the second and third positions, respectively.
